News

EFCC Nabs 8 Suspects for Illegal Mining in Ogun State The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate in Ikoyi, has arrested eight individuals—two Chinese nationals and six Nigerians—over suspected involvement in illegal mining activities in Ogere, Ogun State. According to EFCC spokesperson Dele Oyewale, the arrests were made during a sting operation…

Benin Republic Shuts Border with Nigeria, Disrupts Trade in Kwara State The border route between Nigeria and the Benin Republic has been shut down by the President of Benin, Patrice Talon. The closure has sparked concerns among neighboring communities, particularly affecting Taberu, a village in Baruten Local Government Area of Kwara State, Nigeria, which connects…

Naira Falls Again – Now N1,612 per Dollar in Official Market On Wednesday, May 7, 2025, the Nigerian naira weakened further in the official Nigerian Foreign Exchange Market (NFEM), closing at N1,612 per US dollar. This represents a marginal decline from the previous day’s rate of N1,609/$1, as reported by the Central Bank of Nigeria…

BREAKING: EFCC Reportedly Tags VeryDarkMan as a Bandit Martins Vincent Otse, better known online as VeryDarkMan, was allegedly called a “bandit,” blindfolded, and beaten during his arrest by EFCC officers—claims made by his lawyer, Deji Adeyanju. Adeyanju’s law firm shared a statement on X (formerly Twitter), describing what happened before and during the arrest, calling…

Sterling Bank Offers Eligible Nigerians Up to ₦1 Million Monthly in Financial Support Sterling Bank, a leading commercial institution and Africa’s most agile company, has announced the launch of AlwaysOn by Sterling—a transformative feature on its OneBank platform. This initiative enables qualified users to access up to ₦1 million monthly, even when their account balances…